That's when the government started manipulating the way that they calculated the CPI.

Ed Butowski is an American financial advisor and author.

In 2005, he founded Chapwood Investments, a private wealth management firm that was among the first to assist professional athletes.

He also created the Chapwood Index.

It reports the unadjusted actual cost and price fluctuation of the top 500 items on which Americans spend their after-tax dollars in the 50 largest cities in the United States.

Many find this to be a more accurate version of the CPI.

Today we will break down what the Chapwood Index has been signaling and why the Federal Reserve's version of the CPI is flawed and incorrect.

The government could not handle giving out 13% increases in their programs like Social Security and Medicare and so on.

So they started to manipulate it. So the CPI went from 13% down to 3 in a year.

You've had a dynamic where money's become freer than free.

If you talk about a Fed just gone nuts, all the central banks going nuts. So it's all acting like safe haven.

I believe that in a world where central bankers are tripping over themselves to devalue their

currency, Bitcoin wins. In the world of fiat currencies, Bitcoin is the victor.

I mean, that's part of the bold case for Bitcoin.

If you're not paying attention, you probably should be.

Probably should be.

Eb-Towsky, thank you for joining us and sorry for the technical difficulties.

We're using our backup streaming service right now.

Well, that's fine. I'm not the most computer literate person, but this works.

Well, I think whether or not your computer illiterate,

I think the work that you're doing at Chapwood investments,

particularly with the Chapwood Index, is something that I admire greatly,

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